Real estate prices in Israel are growing with seven -mini steps – over the past five years, the cost of local square meters has increased more than fifty percent. This is a very high indicator – the third place in the world (the price of real estate is growing only in China and Hong Kong faster).
In this situation, there is nothing surprising in the fact that Israeli real estate is enjoyed by foreign citizens with great hunting. In this regard, Americans are leading, but citizens of the CIS Commonwealth countries are not far from them. Especially our compatriots love to purchase housing in prestigious and, accordingly, expensive houses.
But, if Americans and citizens of European states acquire real estate in Israel on the seashore in order to spend a vacation there, then citizens of the Commonwealth are increasingly considering Israeli real estate as profitable investments. And this is understandable – if a couple of years ago a good apartment in Israel could be purchased for four hundred thousand dollars, now the same apartment costs at least eight hundred thousand! A very profitable investment project, as it becomes clear. Judging by the forecasts of analysts, real estate prices will rise in the future.